VS
When evaluating costs, TQQQ features a management fee (MER) of 1.15%, compared to 0.28% for HEWB. Performance-wise, TQQQ has returned 25.72% year-to-date with +$24 M in net flows, whereas HEWB is at 32.58% with +$23 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
TQQQ
HEWB
| AuM | $125.57 M | $345.76 M |
| Management Fees | 1.15% | 0.28% |
| Exp. ratio | 1.15% | 0.28% |
| Tracking Difference | - | -0.83% |
Historical performance and flows
As of July 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | TQQQ | -18.26% | +15.61% | +25.72% | +48.31% | - |
HEWB | +1.97% | +16.45% | +32.58% | +67.04% | +147.84% | |
| Flows | TQQQ | +$23 M | -$26 M | +$24 M | +$80 M | - |
HEWB | +$4 M | +$16 M | +$23 M | +$22 M | +$25 M |
TQQQ vs HEWB exposure
Countries
TQQQ
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
TQQQ
Exposure data will be available soon
HEWB
Finance
100.00%
As of July 20, 2026
Top 10 Holdings
TQQQ
Exposure data will be available soon
HEWB
The Toronto-Dominion Bank
17.52%
Royal Bank of Canada
17.09%
Bank of Montreal
16.85%
The Bank of Nova Scotia
16.38%
Canadian Imperial Bank of Commerce
16.27%
National Bank of Canada
15.89%
Diversification
TQQQ
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
TQQQ
HEWB
| Provider | Global X | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | NASDAQ-100 Total Return Index - USD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 0.00% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | June 16, 2025 | January 23, 2019 |
Frequently asked questions about TQQQ and HEWB
Which ETF has performed better year to date: TQQQ or HEWB?
As of July 20, 2026, TQQQ has returned 25.72% year to date, while HEWB has returned 32.58%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: TQQQ or HEWB?
As of July 20, 2026, TQQQ manages $125.57 M in assets, while HEWB manages $345.76 M. HEWB is the larger fund by AUM.
How are TQQQ and HEWB managed?
TQQQ is passively managed by Global X. It tracks the NASDAQ-100 Total Return Index - USD benchmark. HEWB is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
Which ETF is attracting more investor flows: TQQQ or HEWB?
Year to date, TQQQ has seen +$23.63 M in net flows, compared with +$23.13 M for HEWB. TQQQ has attracted more net investor money so far.
How do the fees of TQQQ and HEWB compare?
TQQQ has an expense ratio of 1.15%, while HEWB has an expense ratio of 0.28%.
Recent articles about TQQQ and HEWB
Bank Stocks: An Undervalued Gem?
Bank stocks are poised for growth amid declining inflation and rate cuts.
Posted on 7/29/2024 by ETF Market Canada inBanks
HEB ETF Spotlight: Hamilton's Newest Addition to its ETF Offering
Meet HEB, Hamilton’s new low-cost Big Six Canadian Bank ETF.
Posted on 5/2/2023 by ETF Market Canada inETFs
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.